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Sky Complex
REITs
Lendlease Global Commercial Italy Fund restructures lease at Sky Complex to lower tenant concentration risk
The lease restructuring is not expected to materially impact LREIT’s distribution and NAV for the FY2024.
December 18, 2023
REITs
LREIT replaces property manager for Milan's Sky Complex
The contract will last for three years from Feb 22.
February 23, 2021
Results
Lendlease Global Commercial REIT announces DPU of 2.34 cents for 1HFY2021
Tenant sales and footfall at 313@Somerset have recovered to approximately 75% and 60% of pre-Covid levels
February 10, 2021
Results
Lendlease Global Commercial REIT reports portfolio occupancy of 99.0% in 1Q business update
The manager of LREIT intends to distribute 100% of its adjusted cash netflow from operations for the period ending June 30, 2021.
November 03, 2020
Broker's Calls
DBS names Lendlease 'top sector pick' despite retail headwinds
Despite retail coming under increasing pressure, DBS reckons that Lendlease is poised for resilience.
May 08, 2020
Results
Lendlease Global Commercial REIT posts 3Q DPU of 1.28 cents, 0.7% above forecast
Year-to-date ended March 31, LREIT reported a DPU of 2.57 cents, 1.9% higher than its forecast, and a distributable income of $30.0 million, 1.3% higher than expected.
May 05, 2020
Broker's Calls
New REIT on the block Lendlease Global REIT started at 'outperform' as top S-REIT pick: Daiwa
SINGAPORE (Oct 15): Daiwa Capital Markets is initiating coverage on Lendlease Global Commercial REIT with an “outperform” rating and a target price of $1.01.
October 15, 2019
IPO
Lendlease eyes Singapore REIT listing at 88 cents a unit; aims to raise $1 bil in total
SINGAPORE (Sept 16): Australia-listed international property and infrastructure group Lendlease Global has lodged a prospectus to list Lendlease Global Commercial REIT on the Mainboard of the Singapore Exchange.
September 16, 2019